VILLERAY TRIPLEX! Carefully maintained building: two 4½ units and one 6½ that could be expanded by reconnecting it to the basement, which spans the building's entire footprint. Potential for a fourth unit, subject to required approvals; plans already prepared. Roof 2024, doors and windows 2023, unit 8532 renovated in 2020. Stable tenants, close to amenities and close to Crémazie metro station. Ideal for investors or future owner-occupants, subject to applicable repossession rules. Visits upon accepted offer only.
Sale with exclusion(s) of legal warranty - See listing broker(s)
TRIPLEX IN THE HEART OF VILLERAY | POTENTIAL WAITING TO BE REALIZED!
A sought-after location, major renovations and exciting opportunities to add value: 8532--8536 Avenue des Belges will appeal to investors and buyers hoping to eventually make it their home.
Carefully maintained by its current owners, this fully rented triplex is home to stable tenants who appreciate their surroundings and its prime location close to neighbourhood services and amenities.
SIGNIFICANT IMPROVEMENTS ALREADY COMPLETED
Several upgrades reflect the care invested in the building: * Elastomeric membrane roof replaced in 2024. * All doors and windows replaced in January 2023. * Complete renovation of unit 8532 in 2026, including plumbing, electrical systems, flooring, kitchen and bathroom.
The two upper units each feature a small rear terrace and private storage on their respective balconies, practical additions that enhance everyday comfort.
A BASEMENT WITH MULTIPLE POSSIBILITIES
Extending across the building's entire footprint, the basement is a distinctive asset. The owners intentionally retained its use with plans to add a fourth dwelling. Several plans were prepared, but the project was never carried out.
Previously accessible by an interior staircase from unit 8536, the basement is now completely separate from the ground floor. The staircase was closed off, and washer and dryer connections were installed on the ground floor.
An exterior entrance already provides basement access from the rear yard. The proposed fourth-unit project would also involve creating a sunken entrance at the front of the building. The buyer must verify the project's feasibility, necessary work and required approvals with the appropriate authorities.
AN APPEALING OPTION FOR A FUTURE OWNER-OCCUPANT
A future owner-occupant may also appreciate the possibility of repossessing the ground-floor unit and reconnecting it to the basement, creating a generous space to adapt to their needs. This option remains subject to repossession in accordance with applicable rules, the feasibility of the work and obtaining the required approvals.
With its major renovations, stable tenancy and possibilities for reconfiguration, this triplex offers several avenues to explore. Whether considering a fourth unit, gradually optimizing rental income in accordance with existing leases and applicable regulations, or creating a home of their own, buyers can envision a project that reflects their goals.
An opportunity to invest in Villeray and bring a new dimension to a property with so much more to offer!
Building details and property interior
Year constructed
1946
Windows
PVC
Window Type
Guillotine
Siding
Brick
Roofing
Elastomeric membrane
Kitchen Cabinets
Wood
Basement
6 feet and more, Partially finished
Renovations
Roof covering (2024, 21040), Doors and windows (2023, 15935)
Lot and exterior features
Lot area
2,088 ft²
Topography
Flat
Proximity
CEGEP, Daycare centre, Hospital, Metro, Park, Highway, Elementary school, High school, Public transportation, University, Bicycle path
Characteristics
Heating System
Forced air, Convection baseboards
Heating Energy
Electricity, Natural gas
Water Supply
Municipality
Sewage System
Municipality
Financial details
Municipal assessment (2024)
Lot assessment
$ 388,000
Building assessment
$ 632,800
Total
$ 1,020,800
Taxes
Municipal
(2026)
$ 6,646
School
(2026)
$ 776
Total
$ 7,422
Gross annual revenues (potential)
Residential
$ 43,980
Total
$ 43,980
Inclusions and exclusions
Inclusions
Dishwasher in unit 8532, light fixtures
Exclusions
Tenants' furniture and personal belongings.
Mortgage payment calculator
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This document is not an offer or a promise that may bind the seller, but is an invitation to submit such offers or promises.